Economics And Finance

Fake News: A Perfectly Good Retail Sales Report (#GotBitcoin?)

U.S. retail sales disappointed in February, but the overall picture is surprisingly strong. Fake News: A Perfectly Good Retail Sales Report (#GotBitcoin?) Fake News: What initially looked like a bad retail sales report was actually pretty good. Retail sales fell 0.2% in February from a month earlier, the Commerce Department…

Credit Card-To-Bitcoin Conversion Solution For E-commerce (GotBitcoin?)

I would like to see a shopping cart integration solution that allows credit card users to use their credit cards in our shopping carts and have that purchase converted to Bitcoin on our end (merchants). Credit Card-To-Bitcoin Conversion Solution For E-commerce (GotBitcoin?) I want to eliminate chargebacks from credit card…

Word To Millennials: The Hidden Dangers Of Automatic-Payment Apps (#GotBitcoin?)

For younger people, the technology has severed the connection between the things we buy and the act of paying for those things. Word To Millennials: The Hidden Dangers Of Automatic-Payment Apps (#GotBitcoin?) To get a sense of how different spending is for my generation than for my parents’ generation, just…

April Is Financial Literacy Month. CNBC Kicks It Off With Special Month-Long Coverage (#GotBitcoin)

In recognition of Financial Literacy Month in April, CNBC's Invest in You: Ready. Set. Grow., a financial wellness initiative in partnership with Acorns, will offer a variety of actionable personal finance content aimed at helping empower people to develop savings strategies. April Is Financial Literacy Month. CNBC Kicks It Off With…

White House Pushes Fed Towards Negative Interest Rates (#GotBitcoin?)

Kudlow says Fed should cut rates half a percentage point to protect against slowdown in global economic growth. White House Pushes Fed Towards Negative Interest Rates (#GotBitcoin?) President Trump wants the Federal Reserve to cut interest rates to guard against a slowdown in global economic growth, a top White House…

Wells Fargo CEO Tim Sloan Steps Down (#GotBitcoin?)

  General counsel, C. Allen Parker, will be interim CEO as bank searches externally for permanent chief. Wells Fargo CEO Tim Sloan Steps Down (#GotBitcoin?) Wells Fargo & Co. Chief Executive Tim Sloan stepped down Thursday, ending a 31-year career at the bank and a 2½-year slog to get it…

Global Bond Yields Slide To Fresh Lows As Investors Scramble For Greater Returns (#GotBitcoin?)

Yields have slipped as central banks have signaled they are willing to hold rates low for significantly longer than expected. Global Bond Yields Slide To Fresh Lows As Investors Scramble For Greater Returns Government bond yields from the U.S. to Germany slid Wednesday, falling further below recent lows, as signs…

Ultimate Resource On Government And Corporate Whistleblowers (#GotBitcoin)

One of the tipsters received $37 million, the third-largest award in the history of the agency’s whistleblower program. Ultimate Resource On Government And Corporate Whistleblowers (#GotBitcoin) Two whistleblowers received a total of $50 million for providing information that helped the Securities and Exchange Commission pursue a case of corporate wrongdoing,…

European Central Bank Warns World Of Drawbacks of Negative Rates (#GotBitcoin)

Comments mark significant shift from previous ECB statements on negative rates. European Central Bank Warns World Of Drawbacks of Negative Rates (#GotBitcoin) European Central Bank President Mario Draghi signaled Wednesday that the bank is starting to worry about the adverse effects of negative interest rates, a controversial policy tool it…

Budget Deficit Grows While Stocks And Bond Yields Fall, Negative Interest Rates Spread!

Global stocks and bond yields slid Friday as weak manufacturing data deepened investors’ anxiety about the health of the world economy. Budget Deficit Grows While Stocks And Bond Yields Fall, Negative Interest Rates Spread!   Yield on 10-year U.S. Treasury note slid to fresh low for the year. Major stock…

Jumbo Mortgages Are Slowing Down, Testing Banks’ Postcrisis Playbook (#GotBitcoin?)

High-end home buyers are turning cautious, a blow to banks that refocused their mortgage businesses around wealthy borrowers in the years after the financial crisis. Jumbo Mortgages Are Slowing Down, Testing Banks’ Postcrisis Playbook (#GotBitcoin?) Loans too big for Fannie and Freddie dropped 12% last year by dollar volume Originations…

Central Banks See Negative Interest Rates (#GotBitcoin)

Abrupt changes in the policies of the world’s largest central banks have rippled through smaller economies, leaving them with the prospect of low and even negative interest rates for years to come despite having mostly healthy economies. Central Banks See Negative Interest Rates (#GotBitcoin?)     Policy U-Turns From The…